The evolution of artificial intelligence (AI) has introduced systems capable of making autonomous decisions, known as agentic AI. While generative AI essentially “creates” – providing content such as text, images, etc. –...more
12/20/2024
/ Artificial Intelligence ,
Audits ,
Automated Decision Systems (ADS) ,
Automation Systems ,
California Consumer Privacy Act (CCPA) ,
California Privacy Protection Agency (CPPA) ,
Cybersecurity ,
Data Collection ,
Healthcare ,
Information Governance ,
Machine Learning ,
Personal Information ,
Popular ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
Risk Mitigation ,
Transparency
California Governor Gavin Newsom recently faced a wave of AI-related legislation, with 38 bills reaching his desk. Despite rejecting the much-debated SB-1047, Governor Newsom signed more than a dozen other AI-focused bills...more
10/7/2024
/ Artificial Intelligence ,
Child Pornography ,
Copyright ,
Corporate Counsel ,
Deep Fake ,
Entertainment Industry ,
General Elections ,
Governor Vetoes ,
Healthcare ,
New Legislation ,
Popular ,
Pornography ,
Privacy Laws ,
Risk Management ,
Robocalling ,
Transparency
On September 28, 2024, California Governor Gavin Newson signed into law AB-2013, requiring developers of generative artificial intelligence (AI) models, under certain conditions, to make specific disclosures regarding those...more
Since the release of ChatGPT 3.5 in November 2022, public interest in artificial intelligence (AI) has surged in a classic example of a hype cycle. As with past technological breakthroughs, companies may be tempted to...more
8/6/2024
/ Advertising ,
Anti-Fraud Provisions ,
Artificial Intelligence ,
Civil Monetary Penalty ,
Corporate Counsel ,
Enforcement Actions ,
False Statements ,
Investment Advisers Act of 1940 ,
Investors ,
Machine Learning ,
Misleading Statements ,
Public Statements ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Technology Sector ,
Training
Recognizing a need for clarity in evaluating patent eligibility under 35 U.S.C. § 101 for critical and emerging technologies, including artificial intelligence (AI) innovations, the U.S. Patent and Trademark Office (USPTO)...more
7/18/2024
/ Alice/Mayo ,
Artificial Intelligence ,
ASIC ,
Financial Statements ,
Guidance Update ,
Intellectual Property Protection ,
Inventions ,
Manual of Patent Examining Procedure (MPEP) ,
Medical Devices ,
Patent-Eligible Subject Matter ,
Radio Frequency Identification (RFID) ,
SSDI ,
USPTO
On Friday, May 17, 2024 Colorado Governor Jared Polis signed SB205 (Consumer Protections for Interactions with Artificial Intelligence) into law with an effective date of February 1, 2026.
Unlike the artificial...more
5/30/2024
/ Algorithms ,
Anti-Discrimination Policies ,
Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Colorado ,
Consumer Protection Laws ,
Disclosure Requirements ,
Enforcement ,
New Legislation ,
NIST ,
Policies and Procedures ,
Public Information ,
Risk Management
With the growing use of artificial intelligence (AI) in financial markets, broker-dealers and investment advisers need to pay attention to the risks posed by AI on firms’ compliance with federal securities laws. While machine...more
11/14/2023
/ Algorithms ,
Artificial Intelligence ,
Broker-Dealer ,
Compliance ,
Conflicts of Interest ,
Data Privacy ,
Discrimination ,
Financial Markets ,
Fraud ,
Investment Adviser ,
Machine Learning ,
Market Manipulation ,
Popular ,
Securities and Exchange Commission (SEC) ,
Software
In our ever-changing technological environment, artificial intelligence (AI) is beginning to exert its influence on numerous sectors, revolutionizing our approach to work. As businesses and organizations worldwide adopt...more
10/12/2023
/ Anti-Discrimination Policies ,
Artificial Intelligence ,
Automated Decision Systems (ADS) ,
Bias ,
Biotechnology ,
Compliance ,
Confidential Information ,
Discrimination ,
Due Diligence ,
Equal Employment Opportunity Commission (EEOC) ,
Federal Trade Commission (FTC) ,
Insurance Industry ,
Intellectual Property Protection ,
Investors ,
Machine Learning ,
Misrepresentation ,
New Guidance ,
Patents ,
Personal Data ,
Purchase Agreement ,
Risk Management ,
Risk Mitigation ,
Startups ,
Strict Product Liability ,
Transparency ,
Venture Capital
As artificial intelligence (AI) and generative AI (GAI) continue to evolve and become integral to business operations, businesses must be mindful of the risks associated with deploying AI solutions.
Although there is not...more
9/19/2023
/ Artificial Intelligence ,
Automated Decision Systems (ADS) ,
California Privacy Rights Act (CPRA) ,
Compliance ,
EU ,
Federal Trade Commission (FTC) ,
General Data Protection Regulation (GDPR) ,
Machine Learning ,
NIST ,
Proposed Regulation ,
Risk Management ,
Shareholders ,
Third-Party Risk ,
Transparency
In the rapidly evolving world of artificial intelligence (AI), one development stands out for its transformative potential: the rise of generative AI tools. Many major technology companies are building the large language...more
7/18/2023
/ Artificial Intelligence ,
Bias ,
Confidentiality Policies ,
Employment Discrimination ,
General Data Protection Regulation (GDPR) ,
Insurance Industry ,
Intellectual Property Protection ,
Machine Learning ,
Misrepresentation ,
Personal Data ,
Popular ,
Quality Control Plan ,
Risk Management ,
Strict Product Liability
As concerns about Artificial Intelligence (AI) continue to swell worldwide, the European Union (EU) is providing a regulatory roadmap for the international community. On May 11, 2023, the European Parliament’s Committee on...more
6/9/2023
/ Artificial Intelligence ,
Biometric Information ,
Critical Infrastructure Sectors ,
EU ,
European Parliament ,
Law Enforcement ,
New Regulations ,
Non-Discrimination Rules ,
Regulatory Oversight ,
Training ,
Transparency
On Thursday, March 30, 2023, the National Institute of Standards and Technology (NIST) launched its Trustworthy and Responsible Artificial Intelligence Resource Center (AIRC). This online resource is a one-stop-shop for NIST...more
As we have covered in prior articles of this series, with supply chain disruptions wreaking havoc on the ability of companies to get their goods and services to market, the terms of a company’s commercial contracts have never...more
Artificial Intelligence (AI) systems are poised to drastically alter the way businesses and governments operate on a global scale, with significant changes already under way. This technology has manifested itself in multiple...more
8/4/2022
/ Americans with Disabilities Act (ADA) ,
Artificial Intelligence ,
China ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Department of Education ,
Department of Health and Human Services (HHS) ,
Dodd-Frank ,
Equal Employment Opportunity Commission (EEOC) ,
EU ,
Federal Trade Commission (FTC) ,
Machine Learning ,
Popular ,
Proposed Regulation ,
Rulemaking Process ,
Transparency ,
USDA
Employers and employees are bracing themselves for a new heightened level of surveillance in the workplace not seen since the aftermath of 9/11. These new measures will leverage advanced technologies such as artificial...more
As artificial intelligence continues to be an advantageous boom for companies in nearly every sector, many executives and regulators alike are struggling to understand both the boons and risks AI will bring to both companies...more